The Institution for Savings’ new Middleton office recently exceeded $100 million in deposits in under a year since it opened, the bank announced today.

“While we enthusiastically embrace and encourage alternative banking channels such as Internet and mobile banking, I firmly believe that conveniently located offices and our personal style of banking continue to be most important to customers,” President and CEO Michael J. Jones said in the announcement. “That certainly has proven true in Middleton.”

The Newburyport-based bank opened that office on Route 114 in May 2015.

The Institution for Savings also highlighted its branch employees’ participation in local events and causes, like Neighbors in Need, the Middleton Board of Trade, Pumpkin Fest, Chief Wills Day and Community Giving Tree. The bank has also supported local nonprofits through its charitable foundation, including Middleton Council on Aging, Middleton Parent-Teacher Organization and the Middleton Food Pantry.

IFS Middleton Office Exceeds $100M Deposits In 9 Months

by Banker & Tradesman time to read: 1 min
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